Estimation (project management)
{{For|estimation in general|Estimation}}
In project management (e.g., for engineering), accurate estimates are the basis of sound project planning. Many processes have been developed to aid engineers in making accurate estimates, such as
- Analogy based estimation
- Compartmentalization (i.e., breakdown of tasks)
- Cost estimate
- Delphi method
- Documenting estimation results
- Educated assumptions
- Estimating each task
- Examining historical data
- Identifying dependencies
- Parametric estimating
- Risk assessment
- Structured planning
Popular estimation processes for software projects include:
- Cocomo
- Cosysmo
- Event chain methodology
- Function points
- Planning poker
- Program Evaluation and Review Technique (PERT)
- Proxy-based estimating (PROBE) (from the Personal Software Process)
- The Planning Game (from Extreme Programming)
- Weighted Micro Function Points (WMFP)
- Wideband Delphi
See also
- Estimation in software engineering
- Software development effort estimation
- Comparison of development estimation software
- Cognitive bias
- Decision making
- Decision making software
- Work Breakdown Structure
- Project management
- List of project management software
- Software metric
- Wideband Delphi
- Guesstimate
- Ballpark estimate
- Construction Estimating Software
External links
{{Wiktionary|estimation}}
- [http://www.precursive.co.uk/project-estimation-methods/ Project Estimation Methods]
- [https://web.archive.org/web/20121019034127/http://www.stellman-greene.com/aspm/images/ch03.pdf Estimation chapter from "Applied Software Project Management" (PDF)]
- [http://softwaresurvival.blogspot.com/2006/11/dynamics-of-effort-estimation-in-most.html The Dynamics of Software Projects Estimation]
- [http://www.intaver.com/Articles/RP_Art_Estimations.html Estimations in project management]
- [http://www.cordmoving.com/blog/2015/05/video-wayne-daniels-of-cord-moving-and-storage-company/ Three types of B2C estimates]
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